Union calls for Royal Commission into New Zealand banking practices

FIRST Union, the Union for finance sector workers, welcomes news that the Financial Markets Authority and the Reserve Bank are looking into the business practices of New Zealand’s banks.  The Union calls on the Government to go further, however, and convene a full Royal Commission mirroring developments in Australia. Stephen Parry, National Finance Sector Organiser, […]

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Fighting bank closures

Recent years have shown a worrying trend for the closure of bank branches, particularly in rural and provincial areas. These closures have seen communities suffer as they lose access to  services, in some case having to drive long distances in order to reach another branch. The people who suffer most, however, are the bank workers […]

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